Mahindra Manulife Multi Cap Fund Regular - Growth

Q: What are the returns of Mahindra Manulife Multi Cap Fund?

The Mahindra Manulife Multi Cap Fund is a 8 yrs 4 m old fund and has delivered average annual returns of 16.17% since inception. Mahindra Manulife Multi Cap Fund Returns 1-Year 3-Year 5-Year Since Inception -4.58% 18.71% 24.92% 16.17%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹34.7971+0.73% 1 day change	16.17% p.a.	App exclusive #NA View Ranked Funds	₹5,408 Cr

Historical NAV & returns

NAV: ₹34.7971 as on Sep 03, 2025

This fund Category average

Mahindra Manulife Multi Cap Fund overview

Expense ratio	1.79% as on Aug 31, 2025
Plan type	Regular
Exit load	1.0% Exit load of 1% if redeemed within 3 months.!
AUM (Fund size)	₹5,408 Cr
Lock-in Period	Nil
Age	8 yrs 4 m since Apr 20, 2017
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mahindra Manulife Multi Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	-0.83%	0.54%
3 Months	1.15%	1.68%
6 Months	17.49%	16.8%
1 Year	-4.58%	-2.14%
2 Years	17.05%	17.72%
3 Years	18.71%	18.53%
4 Years	15.02%	14.6%
5 Years	24.92%	24.22%
7 Years	17.9%	16.13%

Asset allocationas on May 31, 2025

Large Cap 40.8%

Mid Cap 26.31%

Small Cap 29.72%

Other Cap 0%

Top holdings

ICICI Bank Ltd.3.63%

Divi's Laboratories Ltd.3.51%

Glenmark Pharmaceuticals Ltd.3.48%

Laurus Labs Ltd.3.42%

Top sectors

Financial 24.939999999999998%

Healthcare 16.12%

Capital Goods 7.390000000000001%

Services 7.03%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 1.75%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Multi Cap Fund	N.A.	5,408 Cr	8 yrs 4 m	1.79%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	20 yrs 6 m	1.51%
ICICI Prudential Multicap Fund	N.A.	14,505 Cr	31 yrs	1.74%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,840 Cr	22 yrs	1.98%
ITI Multi Cap Fund	N.A.	1,248 Cr	6 yrs 4 m	2.05%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Multi Cap Fund	-0.83%	17.49%	-4.58%	18.71%	24.92%	N.A.
Nippon India Multi Cap Fund	0.71%	19.34%	0.61%	22.63%	29.6%	15.53%
ICICI Prudential Multicap Fund	-0.1%	14.52%	-3.47%	19.8%	23.92%	14.97%
Baroda BNP Paribas Multi Cap Fund	1.54%	15.35%	-1.96%	18.84%	24.01%	14.55%
ITI Multi Cap Fund	0.19%	19.58%	-5.81%	18.84%	19.6%	8.83%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Multi Cap Fund	14.72	0.96	0.79	1.12
Nippon India Multi Cap Fund	13.02	0.84	1.15	1.67
ICICI Prudential Multicap Fund	12.6	0.83	0.97	1.65
Baroda BNP Paribas Multi Cap Fund	13.62	0.88	0.84	1.04
ITI Multi Cap Fund	15.02	1.0	0.78	1.01

View all Multi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.96 vs. 3.26 Underperformed at beating benchmark
Sharpe	0.79 vs. 2.57 Poor risk-adjusted returns
Beta	0.96 vs. 0.46 More sensitive to market's ups & downs
Standard deviation	14.72 vs. 6.07 More volatile performance

Compare Mahindra Manulife Multi Cap Fund in detail with

About this fund

About Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund Regular - Growth is a Multi Cap mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 8 yrs 4 m, having been launched on 20/04/2017. Mahindra Manulife Multi Cap Fund Regular - Growth has ₹5,408 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Multi Cap Fund Regular - Growth as of 03/09/2025 is ₹34.80. The fund has an expense ratio of 1.79%, which is higher than what most other Multi Cap funds charge.

Mahindra Manulife Multi Cap Fund Regular - Growth returns of last 1-year are -4.50%. Since launch, it has delivered 16.17% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Mahindra Manulife Multi Cap Fund Regular - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Services, Technology sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., Divi's Laboratories Ltd., Glenmark Pharmaceuticals Ltd., Laurus Labs Ltd., HDFC Bank Ltd..

...

Fund AUM	5,408 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Fatema Pacha

Ms. Pacha has done PGDBM (Finance) and BE (Computers) Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.

Manish Lodha

Mr. Lodha is a Chartered Accountant and Company Secretary Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Investment objective

The scheme seeks to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality.

Mahindra Manulife Mutual Fund details

No. of schemes	25 view all schemes
Total AUM	29,590 Cr as on Jun 30, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

More funds from Mahindra Manulife Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mahindra Manulife Mid Cap Fund	N.A.	3,776 Cr	-5.73%	26.95%
Mahindra Manulife Large & Mid Cap Fund	N.A.	2,629 Cr	-6.16%	21.88%
Mahindra Manulife Focused Fund	N.A.	2,112 Cr	-6.16%	N.A.
Mahindra Manulife ELSS Tax Saver Fund	N.A.	950 Cr	-2.2%	20.49%
Mahindra Manulife Consumption Fund	N.A.	495 Cr	-4.18%	19.69%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mahindra Manulife Multi Cap Fund?

The current Net Asset Value (NAV) of the Mahindra Manulife Multi Cap Fund - Direct Growth plan is approximately ₹34.7971 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Multi Cap Fund is a 8 yrs 4 m old fund and has delivered average annual returns of 16.17% since inception.

Mahindra Manulife Multi Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
-4.58%	18.71%	24.92%	16.17%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Multi Cap Fund - Direct Growth has an expense ratio of 1.79%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mahindra Manulife Multi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 5,408 Cr as on May 31, 2025.

What are the top stock holdings of Mahindra Manulife Multi Cap Fund?

The Mahindra Manulife Multi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	3.63%
Divi's Laboratories Ltd.	3.51%
Glenmark Pharmaceuticals Ltd.	3.48%
Laurus Labs Ltd.	3.42%
HDFC Bank Ltd.	3.14%
Indus Towers Ltd.	2.85%
Ultratech Cement Ltd.	2.67%
Reliance Industries Ltd.	2.49%
PI Industries Ltd.	2.06%
Mphasis Ltd.	1.92%

What are the top sectors Mahindra Manulife Multi Cap Fund has invested in?

The Mahindra Manulife Multi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	24.939999999999998%
Healthcare	16.12%
Capital Goods	7.390000000000001%
Services	7.03%
Technology	6.3%
Materials	5.91%
Energy	5.4%
Automobile	3.9299999999999997%
Communication	3.42%
Chemicals	3.23%

What is risk level of Mahindra Manulife Multi Cap Fund?

This is a Multi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mahindra Manulife Multi Cap Fund?

Mahindra Manulife Multi Cap Fund Regular - Growth is the regular plan of the fund. For this plan of you pay 1.79% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.42%. That's 1.37% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 1.37% if you opt for direct plan of Mahindra Manulife Multi Cap Fund

How can I redeem my investments in Mahindra Manulife Multi Cap Fund?

Redeeming your investments in Mahindra Manulife Multi Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mahindra Manulife Multi Cap Fund from anywhere else, you can go to the fund house website and put a request through it.